Roberto Jacobs / Profil

CAD: Room for Optimism? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the CAD has this week rallied to its best level vs. the USD since July 2015 and the recent gains in the oil price have been a big incentive for the CAD...

EUR: Flirting with the Month Long Range - BBH Research Team at BBH, suggests that the euro has yet to convincingly breakout of the range that has confined it this month and that would require a break of the $1.1300 area...

USD/JPY Eyes 112.00 in the Near Term – Westpac According to strategists at Westpac, the pair remains poised to test the 112.00 area in a month’s view...

EUR/GBP Tumbles to 0.7930 on EUR Weakness EUR/GBP has accelerated its daily decline to the area of 0.7930. or multi-day troughs. EUR/GBP in 2-week lows The European cross is posting weekly losses for the first time after five consecutive advances - including a fresh cycle in the vicinity of 0...

USD/CAD Regains 1.2800, Looking to Stabilize Here It seems the greenback has recovered the smile on Wednesday, with USD/CAD now retaking the 1.2800 neighbourhood. USD/CAD attention to oil, BoC CAD is shedding part of its recent gains vs...

IMF Has Its Say – Investec Research Team at Investec, suggests that the IMF hit the headlines yesterday as it cut its 2016 global growth forecasts to 3.2% from 3.4%. Key Quotes “The IMF also said a UK exit from the EU could cause ‘severe regional and global damage’...

AUD/JPY Fails Once Again Near 84 Handle and Retreats The AUD/JPY cross traded volatile so far this session, although remains underpinned by the relentless rise in the USD/JPY pair amid risk-on trades at full steam. AUD/JPY fresh sellers queued up near 84 handle The AUD/JPY pair now advances +0...

Oil in Global Economy Series: Big Traders See Better Balanced Market in 2016 While global benchmark Brent crude reached new 2016 high yesterday, at $44.8/barrel (CFD), optimisms were plenty in Commodities Global Summit, organized by Financial Times...

FXWIREPRO: USD/ZAR Fails to Break Key Support at 14.64, Good to Buy on Dips Pair is currently trading around 14.76 marks. It made intraday high at 14.78 and low at 14.66 levels. Intraday bias remains bullish till the time pair holds key support level at 14.64 levels...

FXWIREPRO: GBP/USD Faces Major Intraday Support at 1.4180, Good to Buy at Dips Major Support – 1.4185 (200 day MA) Cable has recovered yesterday after making a low of 1.41965 (near 200 HMA) .It is currently trading around 1.42391. Intraday trend is slightly bullish as long as support 1.4185 holds...

USD/CAD Sell the Strength Into 1.2925 – Westpac According to strategists at Westpac, bullish attempts towards 1.2920 could be considered as selling opportunities. Key Quotes “Our USD/CAD stance has shifted 180 degrees”...

AUD/USD Focus Remains on 0.7725/50 – UOB The research team at UOB Group noted the relevance of the 0.7725/50 band in AUD/USD. Key Quotes “AUD touched a low of 0.7490 late last week and the subsequent up-move from the bottom has been more rapid and resilient than expected”...

Daily Analysis of Major Pairs for April 13, 2016 EUR/USD: This pair has been flat so far this week. The price has gone neither above the resistance line at 1.1450 nor below the support level at 1.1300. A breakout is imminent today or tomorrow, which will most probably favor the bulls...

EUR/SEK Points to the Lower End of the Range – Danske Bank Chief Analyst at Danske Bank Jens Pedersen believes the cross could slip towards the lower band of the range in the next weeks. Key Quotes “EUR/SEK fell sharply on Tuesday following the higher-than-expected March inflation data”...

GBP/USD Bounces-Off 1.4200, Tracks Oil Price Recovery The GBP bulls found some support just ahead of 1.42 barrier, allowing a minor-recovery in GBP/USD in the last hour. GBP/USD supported at 1.4200 The GBP/USD pair trades -0.15% lower at 1.4236, bouncing-off fresh session lows posted at 1...

GBP/JPY Jumps Above Hourly 200-MA Offered tone around JPY strengthened amid risk-on in equities, pushing the GBP/JPY cross above hourly 200-MA level of 155.42. Rises for third consecutive day The cross is trading higher for the third consecutive day. JPY was overbought and thus due for correction...

EUR/USD Comes Lower to Test 1.1330 The selling mood around the euro is growing bigger during the European morning, taking EUR/USD to the area of 1.1330, or daily lows...

Technical Analysis of EUR/JPY for April 13, 2016 General overview for 13/04/2016: The wave progression inside the triangle pattern looks completed as the wave e of the whole structure is fully developed. A downward breakout should happen soon...

Key Commentaries from Fed's Jeffery Lacker Last night speaking at North Carolina, Richmond FED president Jeffery Lacker said that he considers the expectations issued in December to be more appropriate pace for hikes than the ones issued in March...